Lagfin, the investment holding company of the Garavoglia family and controlling shareholder of global spirits group Davide Campari-Milano, is nearing a deal to acquire a minority stake in consumer-centric private equity house Bluegem Capital Partners, according to a report by Bloomberg citing sources familiar with the matter.

A fund managed by Bayview Asset Management is to acquire all outstanding shares of Guild Holdings Company not already owned by Bayview, in an all-cash transaction valuing the residential mortgage lender at approximately $1.3bn in equity.

Walor North America, part of the FerrAl United Group and ultimately owned by Mutares, has signed an agreement to acquire TSM Corporation, a US-based manufacturer of precision machined components and value-added assemblies, from private equity firm HCI Equity Partners and other minority shareholders.

UK-based private equity firm Star Capital is evaluating a potential initial public offering of Vincorion, a German defence technology business it acquired in 2022, according to a report by Bloomberg citing sources familiar with the matter.

Mark Walter, Co-Founder and CEO of private equity firm Guggenheim Capital, is set to purchase a majority stake in the Los Angeles Lakers in a deal valued at $10bn via his TWG Global investment firm, marking the largest sale of a US sports franchise in history, according to a report by the BBC.

Surgery Partners has rejected a take-private bid from its largest shareholder, Bain Capital, stating the two sides were unable to reach agreement on terms, according to a report by Reuters.

Profit with Purpose firm LeapFrog Investments has exited its Fund II investment in Fincare, now known as AU Bank, an inclusive finance leader in India, via an on-market sale of shares.

CVC has signed a deal, valued at over €1bn, with Therme Group, a global provider of large-scale urban wellbeing destinations, to form a strategic joint venture named Therme Horizon.

Cirsa Enterprises, the Spain-based casino and gaming group backed by Blackstone, has unveiled plans to pursue an initial public offering on the Spanish stock exchange, aiming to raise €400m through the issuance of new shares, according to a report by Bloomberg.